Kumbor 4bdr Luxury Villa

Area: 224 m2

Bedrooms: 4

Bathrooms: 2+1

Private yard: 90 m2

Luxury villa, total area 224 m2, with private pool and sea view in an exclusive complex in Kumbor, Herceg Novi.

The villa consists of two levels.

First level: open-plan living room, kitchen with dining room, guest toilet, exit to private yard with 13 m2 swimming pool

Second level: en suite master bedroom with walk-in wardrobe, two additional bedrooms, bathroom, laundry room, roof terrace of 30 m2

On the ground floor of the villa, there is an additional guest room with space for rest and relaxation.

The owners will have at their disposal a private underground garage.

In the immediate vicinity of the complex, sports and recreational facilities, a spa, and a gym will be offered, which will be included in the stated price of the monthly stay.

The deadline for the completion of the works is planned for the end of the current year.

Thanks to its outstanding location, in the immediate vicinity of the newly built Portonovi complex, the building is accessible to all urban and infrastructural facilities. The airport in Tivat is only 17 km away by ferry.

At 5,293 € per m² this listing sits about 50% below the median for Kumbor, which stands at 10,670 € per m² across the 4 properties we hold there. Below-median usually means one of three things: set back from the water, an older build, or a floor plan that needs work.

On this asking price of €1,185,800 for 224 m², transfer tax comes to €63,148 — an effective 5.3%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 27 other for sale listings, asking between €298,000 and €3,375,000, with a median of €1,250,000. At €1,185,800 for 224 m² this one ranks 15 of 28 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.